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Posts Tagged ‘ bigbasket ’

Mobile security startup Appknox raises $650K from SeedPlus

Wednesday, August 17, 2016 | More »

Appknox
Bengaluru- and Singapore-based mobile security company Appknox has raised S$875,000 ($650,000 or Rs 4.35 crore) in a pre-Series A round led by SeedPlus, a new seed-stage venture capital firm backed by Jungle Ventures, Infocomm Investments, Accel Partners and RNT Associates. The startup has used the ...

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Grofers lays off staff, revokes campus offers

Tiger Global-backed grocery delivery firm Grofers has let go some employees and revoked campus job offers as part of a restructuring of operations, indicating the growing pains Indian startups are facing as the funding crunch deepens. “In the past couple of months, we have been making some necessa...

29 June, 2016 | More »

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How Grocermax is doing things differently in India’s e-grocery space

Few will disagree that India’s online grocery market offers vast opportunities. Few will agree, however, on how to tap into those opportunities. The recent shutdown of VC-funded online grocery firm PepperTap and the operational consolidation by Grofers clearly indicate the challenges that such del...

6 May, 2016 | More »

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What PepperTap’s shutdown means for e-grocery business

India’s third-largest e-grocer PepperTap shutting shop reveals the challenge of running a tech startup, expanding aggressively and managing customer expectations as discounts recede with longer path to profitability. It also shines some light on the complexities related to the grocery vertical...

26 April, 2016 | More »

PepperTap

Why VC-backed PepperTap shut its hyperlocal grocery business

Gurgaon-based PepperTap began its online grocery delivery business in late 2014 and quickly expanded to become the third most heavily funded player after BigBasket and Grofers. Its end was equally quick. The startup late last week decided to shut down its main business after months of rapid expansio...

25 April, 2016 | More »

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Exclusive: Meat ordering startup Licious raises Series A funding

Meat and fish ordering startup Licious, run by Delightful Gourmet Pvt. Ltd, has raised its Series A round of funding, co-founders Abhay Hanjura and Vivek Gupta have told Techcircle.in. Click here for details. The Series A round comes almost seven months after the ten month-old startup raised its an...

21 April, 2016 | More »

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BigBasket raises $150M from Abraaj Group, IFC and others

Online grocer BigBasket.com has raised $150 million (about Rs 1,000 crore) in an expanded round of funding led by the UAE-based private equity investor Abraaj Group. Abraaj said in a statement on Tuesday the round saw the entry of new investors such as the International Finance Corporation and Sa...

22 March, 2016 | More »

BigBasket

Grocery e-tailer BigBasket raises $32.8M from Helion, Zodius, others

Online grocery retailer BigBasket.com, owned and operated by Bangalore-based SuperMarket Grocery Supplies Pvt Ltd, has secured Rs 200 crore ($32.8 million) in its Series B round of funding from Helion Venture Partners and Mumbai-based Zodius Capital. The round also saw participations from its existi...

12 September, 2014 | More »

BigBasket

Excl: Grocery e-tailer BigBasket raises $3M in bridge round

Online grocery retailer BigBasket.com, owned and operated by Bangalore-based SuperMarket Grocery Supplies Private Limited, has secured $3 million in a bridge round of funding from a Singapore-based private investor, sources close to the development told Techcircle.in. For more details on the transac...

15 April, 2014 | More »

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Fresh food vendor Greencart.in raises angel round of $1.5M

Mumbai-based Greencart Ventures Pvt Ltd, which runs an e-com venture for fresh produce and gourmet food under Greencart.in, has secured $1.5 million (Rs 9 crore) in what us being an angel round of funding from Techno Group. Techno Group has interests in engineering, hospitality, construction, real...

31 March, 2014 | More »

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